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See inside the $35 million 'Orchid' penthouse Sam Bankman-Fried lived in, with floor-to-ceiling ocean views and a rooftop pool

Grace Kay,Katie Balevic,Jacob ShamsianJan 13, 2024, 04:58 IST

Sam Bankman-Fried's criminal trial started on Tuesday.Tom Williams/Getty Images

Prosecutors in the criminal trial against Sam Bankman-Fried shared photos of a condo he once lived in.
The prosecutors said the penthouse in the Bahamas was worth about $35 million.

Prosecutors pointed to Sam Bankman-Fried's lavish lifestyle during the criminal trial against the FTX cofounder, sharing photos of the penthouse condo in the Bahamas Sam Bankman-Fried once lived in, which they claim was worth about $35 million.

Bankman-Fried's lawyers had requested some of the photos of the condo be kept out of evidence, but Judge Lewis Kaplan denied the request.

In the trial, which started on Tuesday, Bankman-Fried is being accused of fleecing FTX customers and investors out of billions of dollars, some of which they allege was used for personal or family-related real-estate purchases, and commingling funds between his crypto currency exchange platform and its affiliated hedge fund, Alameda Research.

Take a look inside the condo where Bankman-Fried and his coworkers spent much of their time.

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After Bankman-Fried shifted FTX's operations to the Bahamas in 2021, he moved into an expensive resort community in Nassau called Albany.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

The penthouse Bankman-Fried lived at was in a building in the Albany community called "the Orchid."

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Defense

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Bankman-Fried lived in the condo with several of his coworkers.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Defense

The penthouse is 12,000 square feet and its floor-to-ceiling windows overlook the Albany marina and the Atlantic Ocean.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

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The condo had plenty of space for people to stay.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

It also has a private spa attached to the master bedroom, according to The Guardian.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

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The living room and dining area overlook an outdoor pool and jacuzzi.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

Photos of the lavish condo appear at odds with Bankman-Fried's public statements about his lifestyle, including his emphasis on effective altruism.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

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The Orchid building lights up purple at night, according to Lewis' book.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

The condo also has an outdoor grill and cooking area.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

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The condo also appears to have multiple massive TVs.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

The condo's television room features a "Harry Potter" poster.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

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The penthouse overlooks a yacht marina. Though, Bankman-Fried does not appear to own a yacht.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

The perimeter of the condo is lined with a balcony that looks out on the water.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

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The penthouse has an outdoor fire pit.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

The kitchen has a long island and a door wall that opens out onto the wraparound balcony.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the Department of Justice

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The penthouse also appears to have an extended pantry area located off of the kitchen.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

The condo also has its own bar.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

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Despite its fancy features, Bankman-Fried and his coworkers turned the luxury penthouse into a "flophouse," according to Lewis.

Prosecutors shared photos of Sam Bankman-Fried's $35 million penthouse in the criminal trial against the FTX cofounder.Courtesy of the US Department of Justice

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